Crossroads Ford of South Boston, INC
$247,326 PPP Loan in South Boston, Virginia
Loan Details
- Loan Number
- 7116027200
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $247,326
- Current Approval
- $247,326
- Forgiveness Amount
- $250,933
- Forgiveness Date
- Oct 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Crossroads Ford of South Boston, INC
- Address
- 1011 Commerce Ln
- City
- South Boston
- State
- Virginia
- ZIP Code
- 24592-6881
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 33
- Estimated Revenue
- $8.3M
- Rural/Urban
- Rural
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $197,860
- Rent
- $44,000
- Utilities
- $5,466
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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